# Phillips Tube Group acquires assets of Tubetech

Phillips Tube Group purchased the assets of Tubetech, Inc., a supplier of welded steel tube for automotive, gas appliance, and lawn and garden industries, based in East Palestine, Ohio. The acquisition increases Phillips Tube Group's capacity and market share.

- Type: Acquisition
- Announced: 2017-07-12
- Where: East Palestine, Ohio, United States
- Status: completed
- Products: welded steel tubing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Phillips Tube Group](https://endata.com/companies/25582.md) (acquirer)
- [Tubetech, Inc.](https://endata.com/companies/25583.md) (target)

## Sources

- [phillipstube.com](https://phillipstube.com/news/phillips-tube-group-announces-asset-purchase/), 2017-07-13: "This acquisition of Tubetech, Inc.'s assets will further the product offering of the Phillips Tube Group and increase our capacity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.